Kalyan Jewellers delivered a strong set of financial numbers for the third quarter, posting robust year-on-year growth across revenue, profitability, and operating margins. The performance reflects healthy demand momentum, improved operating leverage, and better cost efficiency during the festive-heavy quarter.
For Q3, Kalyan Jewellers reported a net profit of ₹416.2 crore, marking a sharp 90% increase compared with ₹218.8 crore in the same quarter last year. The significant rise in bottom-line performance highlights improved scale benefits and stronger execution despite volatility in gold prices.
Revenue from operations for the quarter surged 42% year-on-year to ₹10,343 crore, up from ₹7,278 crore in the corresponding period last year. The strong topline growth was driven by higher footfalls, steady same-store sales growth, and continued expansion across domestic and international markets.
Operating performance also remained robust. EBITDA for the quarter rose 74.3% year-on-year to ₹750 crore, compared with ₹430.3 crore in Q3 of the previous year. The faster growth in EBITDA relative to revenue underscores operating leverage benefits and tighter control over operating costs.
EBITDA margin expanded meaningfully to 7.3% in Q3, compared with 5.9% in the same quarter last year. The margin improvement reflects a better product mix, higher scale efficiencies, and disciplined cost management.
